Monthly Archives: September 2019

A report from the Globe and Mail. "Navin Seepaul is a 29-year-old single dad who makes $30,000 a year as a barber. He owns a $1-million house in Brampton, a sprawling suburb northwest of Toronto. Each month, the payments on…

A report from Living Snoqualmie in Washington. "The Chief Economist for Windermere Real Estate, Matthew Gardner, made a stop in the Snoqualmie Valley. Gardner said the Puget Sound real estate market is ‘well and above’ many other U.S. markets, but…

It's Friday desk clearing time for this blogger. "Taylor Denchfield says he has been flipping homes since he was 17 (he is now 25). Data from the first three months of this year suggests the flipping market has already begun…

A report from the Palm Beach Post in Florida. "South Florida is the nation’s capital of mortgage fraud, CoreLogic says. The metro area of Miami-Dade, Broward and Palm Beach counties had the highest levels of home-loan chicanery in the nation…

A report from the Albert Lea Tribune in Canada. "Welcome to Tiger Hills. Since the properties went into tax forfeiture, two have sold. Twenty-nine lots — just over 40% of the lots in Tiger Hills — have yet to be…

A report from CNBC. "Low rates, combined with more moderate home prices and more desperate sellers, are all bringing buyers back to the market. Dallas real estate agent Kelley McMahon said she is seeing a stronger fall but a pickier…

A report from Politico. "The U.S. housing finance system is worse off today than it was on the cusp of the 2008 financial crisis, Republican lawmakers and Trump administration officials warned on Tuesday. Fannie Mae and Freddie Mac, the two…

A report from Bloomberg. "The trustee representing bondholders who invested $250 million in a luxury dorm at the University of Oklahoma accused the college Monday of breaking a promise to lease retail and parking spaces over the 40-year term of…

A report from CNBC. "Mortgage rates are around the lowest in three years, but buyers are suddenly much more cautious about purchasing a home. Competition is cooling, and consequently sellers can no longer command any price. At an open house…

A report from the New York Times. "The US luxury condominium and apartment market is in the midst of an amenities war. Prices for ultra-luxury condos in New York have been declining since peaking in 2016, according to StreetEasy. The…